Stocks in news: Coal India, Rel Infra, Kaveri Seeds, Apollo

Here are stocks that are in news today:

IMF
-Cuts India's FY14 GDP growth forecast to 3.8 percent from 5.6 percent in July
-Cuts India's FY15 GDP growth forecast to 5.1 percent from 6.3 percent in July

IMF chief economist to CNBC-TV18
-Emerging market economies have slowed down
-Debt ceiling more worrying
-Government spending cut to lead to fiscal consolidation, demand contraction
-Slowdown in domestic demand in India is a problem
-India's business environment not good
-Gold imports serving a blow to current account deficit
-India's sovereign downgrade can be avoided
-India needs to control fiscal deficit

DLF
-Japan's LIXIL Corporation has acquired 70 percent stake in Star Alubuild from Romi Malhotra, the founder of the company and DLF subsidiaries
-DLF’s two subsidiaries namely, DLF Home Developers and DLF Projects have divested 60 percent stake in Star Alubuild for an enterprise value of Rs 79.8 crore
-Transaction is a part of DLF's objective of divesting its non-core assets

SBI
-Revises interest rates on bulk deposits
-Revises interest rates on 7-60 days bulk deposits to 8.5 percent applicable tomorrow

PNB
-Launches special offer for select loans up to January 31
-To give car loans at fixed rate of 10.65 percent till January 31
-To give 2-wheeler loans at fixed rate of 12.25 percent till January 31
-To give personal, consumer durable loan at fixed rate of 12.75 percent till January 31

PNB says
-Waived processing fee on housing, car, 2-wheeler, consumer durable loans
-Cut rate on select loans only in case of fixed rate of interest

On CNBC-TV18 - PNBChairman:
-Car loans have seen reduction of 1.10 percent
-Personal loans for consumer durables cut by 1-2 percent
-Interest rate for 2-wheeler loans cut by up to 2.5 percent
-No corporate credit pick up, need to pick up retail credit
-'Today's market offers retail credit as safest bet'
-'Not been nudged by FM to cut lending rates'

Oriental Bank of Commerce
-To cut personal, consumer durable loan rates by 25 bps
-Interest rate cut to be applicable effectively tomorrow onwards
-To also cut 4-wheeler loan interest rate by 25 bps

RBI:
-No further share purchase by FIIs in Kajaria Ceramics
-FII investment in Kajaria Ceramics crosses 24 percent limit
-FII investment in GE Shipping reaches 24 percent limit
-No further share purchase by FIIs in GE Shipping

Other stocks and sectors that are in news today:
-Results Today: PTC India Financial and Chemfab Alkalies
-Cooper Tire rejects Apollo Tyres’ demand to cut its deal size by 25 percent: Reports
-Bayer Cropscience may buy minority stake in Kaveri Seeds: ET
-Mines ministry adds riders to Hindustan Zinc stake sale, says stake sale only after amendment of Nationalism & Miscellaneous act: ET
-HC ask Mehul Choksi not to sell property pending arbitration
-West Coast Paper puts 2 DG sets on block
-FMC accuses NSEL directors of defrauding investors: Reports
-Reliance Infrastructure board to meet today to mull raising long-term borrowings for the purpose of refinancing of rupee debt, capex etc
-Coal India board to meet today to consider buy back of shares
-IL&FS Engineering to mull rights issue today
-Greaves Cotton divests entire stake in German arm
-IDBI Bank to offer home, auto loan at base rate for festive season applicable today

Economic Offences Wing
-Calls Jignesh Shah & Joseph Massey for questioning
-Asks Jignesh Shah & Joseph Massey w.r.t. role in NSEL
-To call Shah, Massey again for questioning in next few days